CNBC·3 min read·medium
Alphabet stock pops on report it's developing a more efficient AI chip
M
MacKenzie Sigalos
✦AI Summary
Alphabet shares rose following reports that the company is developing a custom server chip, 'Frozen v2,' to optimize the performance of its Gemini AI models. The project aims to improve efficiency and address internal compute shortages by 2028.
Alphabet shares closed 1.51% higher on Monday after The Information reported the company is developing a new server chip, internally dubbed "Frozen v2," designed to run Gemini models more efficiently.
technologybusinessai
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in